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Dec 6, 2012
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>> well, the economy was a very large issue. one of the interesting thing that happened was after the democratic convention which was very successful, i'll credit that. the right track of the country began to go up. and those that thought that the president was doing a good job on the economy went up. part of this is the democrats got energized and they were reminded what they liked about the president. of course president clinton did a good job. and the right track wrong track, he was right track of the country wrong track of the country among the electorates that actually voted was about 20 plus points closer than it was at the beginning of the race. so every campaign has to have a theory, and a rationale. and one of the key rationales of this campaign was worst economic crises since the depression, he inherited it but what has he done for it. when you look at the exit polls on those that cared about the economy the most, governor romney won. there just wasn't enough to win the election. >> rose: did you have the right theory
>> well, the economy was a very large issue. one of the interesting thing that happened was after the democratic convention which was very successful, i'll credit that. the right track of the country began to go up. and those that thought that the president was doing a good job on the economy went up. part of this is the democrats got energized and they were reminded what they liked about the president. of course president clinton did a good job. and the right track wrong track, he was...
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welcome back to the big picture i'm tom arbonne coming up in this half hour when talking about the economy everyone is always. g.d.p. that is obsessing over our nation's gross domestic product really the best way to talk about the growth and those state of the american economy and it is and it's daily take not even a month after the election and republicans are already had plans to steal the presidency in two thousand and sixteen what is everybody done once and for all the stop these attacks on the right of the people to vote. and screw news how dare someone speak up about gun violence in america well it's exactly what n.b.c. sports commentator bob costas did during sunday's broadcast of sunday night football process was addressed in the tragic murder suicide involving kansas city chiefs player j. vaughn belcher here's what to say. our current done culture with lock wrote ensures that more and more domestic disputes will end in the ultimate tragedy and that more convenient store confrontations over loud music coming from a car will leave more teenage boys bloodied and dead handguns do not
welcome back to the big picture i'm tom arbonne coming up in this half hour when talking about the economy everyone is always. g.d.p. that is obsessing over our nation's gross domestic product really the best way to talk about the growth and those state of the american economy and it is and it's daily take not even a month after the election and republicans are already had plans to steal the presidency in two thousand and sixteen what is everybody done once and for all the stop these attacks on...
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find out what's really happening to the global economy. cars are no holds barred the global financial headlines. a report on. the emission free credit take three months for charges free. agency three. three. priests the old city block plug in video for your media projects a free media. the a. player.
find out what's really happening to the global economy. cars are no holds barred the global financial headlines. a report on. the emission free credit take three months for charges free. agency three. three. priests the old city block plug in video for your media projects a free media. the a. player.
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Dec 2, 2012
12/12
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the world economy doesn't know. my question is this. would the republican party like to go over the cliff hanging onto that 2% rich people and say that's why they did it? can they live with themselves if they do it? >> they have -- in some ways the politics for boehner becomes easier. i don't like to call it a cliff. after they go down the slope. >> why? >> because if nothing happens between now and the oerchd the year, all the tax cuts, puff, they disappear. you come back the first week in january and you pass a bill and then the tee partiers, boehner can make the argument to them if twhanlt to be reasonable. now you're voting for a tax cut. not for everyone but for 98%. before that happens the tea party people will say we're voting to raise taxes on the research. if you're voting to let it happen on its own -- >> do you people buy that story? they know what the mechanics of this thing are. >> let me finish one second. the tea partiers have to worry, some of them,ing being challenged from the right if they vote for anything resembling
the world economy doesn't know. my question is this. would the republican party like to go over the cliff hanging onto that 2% rich people and say that's why they did it? can they live with themselves if they do it? >> they have -- in some ways the politics for boehner becomes easier. i don't like to call it a cliff. after they go down the slope. >> why? >> because if nothing happens between now and the oerchd the year, all the tax cuts, puff, they disappear. you come back the...
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Dec 10, 2012
12/12
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., a discussion on how in log -- how education and innovation can help of the economy. live at 9:00 a.m. on a c-span2, a discussion on the impact of the latino vote in debt -- in the 2012 election. at 9:00 a.m. on c-span 3, you center forum on the voter experience in light of changes to state voter laws. >> i think people still love discovery. i do not mean the channel, but finding surprise. every month or every year, i giggled little bit about some show that people are suddenly talking about that i don't think you could have ever imagined before. mike, i want you to choose honey boo-boo, or a certain food channel network. i do not think if i had to grit -- i had to predetermined that would be my preference, i would have guessed that. what i hear people talking about, dabbling around, you know what, i kind of like honey boo boo. i think that is a huge part of the american television experience. i think it is sold short when we get to technostatic about it. i think americans love the enjoyment of escapism and passivity and roaming around the tv jungle. >> michael powell
., a discussion on how in log -- how education and innovation can help of the economy. live at 9:00 a.m. on a c-span2, a discussion on the impact of the latino vote in debt -- in the 2012 election. at 9:00 a.m. on c-span 3, you center forum on the voter experience in light of changes to state voter laws. >> i think people still love discovery. i do not mean the channel, but finding surprise. every month or every year, i giggled little bit about some show that people are suddenly talking...
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Dec 10, 2012
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>> we think we are one of the last remaining organizedd forces in the economy that fight to invest that revenue and get the people back to work. because the private sector by itself is not generating the millions of more jobs. so it's about jobs and making sure we do not cut vital services to the people desperately need them. it's not just about the services, but it's also about stabilizing the employment of people in the healthcare and social security sector. so we have got to get back to work and protect services. that's why we think it's incumbent on us to have this fight as well. >> thank you for your time thank you for your time. next any time a right to work battle props up the meddling koch brothers are sure to pop up. and from cory booker to ted cruz to hillary clinton it seems the most interesting head figures these days are drank the kool-aid. and we'll give you a few gift ideas to help bury the hatchet. ♪ >>> it's not just governor snyder and michigan republicans that unions are battling you'll never guess who is funding their efforts. that's right think kochtopus. they do
>> we think we are one of the last remaining organizedd forces in the economy that fight to invest that revenue and get the people back to work. because the private sector by itself is not generating the millions of more jobs. so it's about jobs and making sure we do not cut vital services to the people desperately need them. it's not just about the services, but it's also about stabilizing the employment of people in the healthcare and social security sector. so we have got to get back...
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Dec 10, 2012
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economy. at 11:00 p.m., another chance to see "q&a"
economy. at 11:00 p.m., another chance to see "q&a"
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Dec 10, 2012
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it will go down as his economy. i ask people, who was speaker of the house during the great depression when roosevelt was president. i will give $100 to anyone who can name to the speaker of the house was in that critical first 100 days. henry thomas are rainey. there is a name that is in the history books. the point of being that speaker bay near -- speaker john boehner is an important player, but it is obama's job to lead and the fine. if there are negative consequences here, it will be in the obama-era that things did not get fixed. who is the australian finance minister who says we are deep -- the united states is one of budget deal away from being a great country. and there are a lot of people in business who think we are poised to do some really good things in the global economy, the united states is. but if we cannot untangle this mess, it is not going to happen. >> you know more about the inner workings of our government than any living person. every single administration of our lifetime, you have been behin
it will go down as his economy. i ask people, who was speaker of the house during the great depression when roosevelt was president. i will give $100 to anyone who can name to the speaker of the house was in that critical first 100 days. henry thomas are rainey. there is a name that is in the history books. the point of being that speaker bay near -- speaker john boehner is an important player, but it is obama's job to lead and the fine. if there are negative consequences here, it will be in...
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Dec 6, 2012
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it's going to go down as his economy. i ask people who was speaker of the house during the great depression when roosevelt was president. i'll give a hundred dollars to anyone who can name who the speaker of the house was in the critical first hundred days -- >> jim over there would know. >> henry thomas reigny. now, there's a name in the history books. point being, the speaker is an important player, this is significant, but it is obama's job to lead and define so if there's negative consequences here, particularly in the economy, it's going to be in the obama era, things didn't get fixed. who is it? the australian finance minister who says the united states is one budget deal away from being a great country. there's a lot of people in business who think we are poised to do some really good things in the global economy, the united states is, but if we can't untangle this mess, it's not going to happen. >> you know about the inner workings in the government more than any living person, every single administration of our l
it's going to go down as his economy. i ask people who was speaker of the house during the great depression when roosevelt was president. i'll give a hundred dollars to anyone who can name who the speaker of the house was in the critical first hundred days -- >> jim over there would know. >> henry thomas reigny. now, there's a name in the history books. point being, the speaker is an important player, this is significant, but it is obama's job to lead and define so if there's...
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Dec 10, 2012
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part in a form on how education and innovation can benefit the us economy. the google vice president also participates. the center for american progress host the line -- live event i'm a tomorrow on c-span. >> this week, crystal wright, editor and publisher of the internet blog site, conservativeblackchick.com. >> crystal wright, why did you call your blog "conservative black chick." >> not a big story behind that. i felt it illustrated who i was. it is literal and fun. i was at a reunion for my all-- alma mater. a good friend of mine said i should just do my own blog. >> when did you start? >> 2009. i started blogging in 2009. i was very frustrated by barack obama's election. he ran as a moderate democrat. to pull people in the red state of virginia turn blue, i said, this is interesting. in january, he began to make his appointments and i began to see the same faces of the clinton administration. i became increasingly frustrated. obamacare is what hit me over the edge. i said, why is this president not focusing on job creation? people do not want universal
part in a form on how education and innovation can benefit the us economy. the google vice president also participates. the center for american progress host the line -- live event i'm a tomorrow on c-span. >> this week, crystal wright, editor and publisher of the internet blog site, conservativeblackchick.com. >> crystal wright, why did you call your blog "conservative black chick." >> not a big story behind that. i felt it illustrated who i was. it is literal and...
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number of number of people saying this it's you know pretty pretty obvious the banks just crashed the economy if we simply put eight point two five percent or even a point one percent tax on every stock transactions called a security security transaction excise tax stepped excess t.-t. is what they used to be called abraham lincoln put it on track stock trades to help pay for the for the civil war then then it went away through the through the gilded age and then in one thousand nine hundred eight one thousand nine hundred eight the mckinley administration put it back into place to pay for the spanish-american war it stayed there until the one nine hundred thirty s. f.d.r. took that step tax and doubled it in order to pay for the securities exchange commission and stood on the books until nine hundred sixty four and in fact it was generating so much money in sixty four so much extra money so much more money than they needed to pay for the u.s. as you see that l.b.j. said. let's just do away with that with you know i get a little encouragement from wall street no doubt and now it's gone but a
number of number of people saying this it's you know pretty pretty obvious the banks just crashed the economy if we simply put eight point two five percent or even a point one percent tax on every stock transactions called a security security transaction excise tax stepped excess t.-t. is what they used to be called abraham lincoln put it on track stock trades to help pay for the for the civil war then then it went away through the through the gilded age and then in one thousand nine hundred...
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Dec 8, 2012
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that is what grows the economy and creates a skilled economy. how do we get there? we need to get past where we are now. we need to get agreement that it makes a difference that we are doing basic research and funding education. that people are not on their own. on the entitlements, we can have a serious discussion once we get republicans to agree that we will not end medicare. once we get that agreement -- we will not cut benefits or cut people off of medicare or shift the costs to individual seniors and families. we will not kick people out of nursing homes. then you can have a serious discussion about how to do it and create sustainability. >> neither idea was included in boehner letter to the president. they have taken those off the table. >> yes and not. they talked about cutting $400 billion out of medicare the right way and $200 out of medicaid. make sure people get the healthcare they need in a most cost-efficient way and that they have health coverage throughout their lives. they talk about a lot of funding cuts coming out of discretionary spending and othe
that is what grows the economy and creates a skilled economy. how do we get there? we need to get past where we are now. we need to get agreement that it makes a difference that we are doing basic research and funding education. that people are not on their own. on the entitlements, we can have a serious discussion once we get republicans to agree that we will not end medicare. once we get that agreement -- we will not cut benefits or cut people off of medicare or shift the costs to individual...
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Dec 6, 2012
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>> they're being given a choice between an economy which has been fantastic for them. labor has done really badly. they're saying, the current situation is great for us. but now we have two choices, between great and even better. are and given the choice, they'll take even better. >> and you talk about liberal pieties or whatever, the hatred of unions. i think that people underestimate, don't get -- and i've encountered this in my reporting, how visceral, almost dogmatic, almost religious and ideological, how fervently that belief is and how common that is among people who make a ton of money. >> it's one of the few times that you find a vague semblance of ideology in these people. because they're very practical, most of the time. whatever works in terms of making money is what they'll all choose. but you're right, sometimes even when you show them the numbers and say, listen, recognizing unions, you can be more profitable overall, they don't like that. >> felix salmon, reuters finance blogger, who will be live blogging in january, you should check that out, thanks for
>> they're being given a choice between an economy which has been fantastic for them. labor has done really badly. they're saying, the current situation is great for us. but now we have two choices, between great and even better. are and given the choice, they'll take even better. >> and you talk about liberal pieties or whatever, the hatred of unions. i think that people underestimate, don't get -- and i've encountered this in my reporting, how visceral, almost dogmatic, almost...
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rowe price, we understand the connections of a complex, global economy. t's just one reason over 75% of our mutual funds beat their 10-ar lipper avage. t. rowe price. investwith confidence. request a prospectus or summary prospectus with investment inforon, before investing.xpto ready gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her kes 50% more cash. but i'm upping my game. do you want a candy cane? ye doant the puppy? yes! do you want a tricycle? yes! do you want 50 percent me cash? no! ♪ festive. [ male announcer ] the capital one cash rewards card gives you 1% cash back on every purchase plus a 50% annual bonus on the cash you earn. it's the card for people who li more cash. what's in your wallet? >>> in the rewrite tonight, politics gangham style? >> you did okay. >> we got a lot of tweets about the pronunciation. when you say gangham the initial g is halfway between a g and k but don't aspirate the k. i don't know what that means. let's get the official, correct pronunciation from our digital producer. >> th
rowe price, we understand the connections of a complex, global economy. t's just one reason over 75% of our mutual funds beat their 10-ar lipper avage. t. rowe price. investwith confidence. request a prospectus or summary prospectus with investment inforon, before investing.xpto ready gives you 1% cash back on all purchases, plus a 50% annual bonus. and everyone...but her kes 50% more cash. but i'm upping my game. do you want a candy cane? ye doant the puppy? yes! do you want a tricycle? yes!...
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been building cars for years and now that the economy has shifted we need retraining and then we need to connect citizens who are trying to the jobs that are available we must stabilize the school system the charter school movement siphoning off children from the public school system and buildings are rotting and children are being failed in the process we must stop the hemorrhaging out of the school system so many things that could happen in the city what's right to bring your describing is basically a reversal of thirty two years of reaganomics it seems to me i mean i don't i don't catch anything there that wasn't i mean you're if we just took us back to where we were in one thousand nine hundred eighty two it was a fairly prosperous that's what we had rational trade policies we were still making things in america you know there was a fairly high taxation on corporations and wealthy individuals goss' we could have a middle class that's right. that's right and today this is considered like you know. well that's too far left anyway that's what happens with the financial managers take
been building cars for years and now that the economy has shifted we need retraining and then we need to connect citizens who are trying to the jobs that are available we must stabilize the school system the charter school movement siphoning off children from the public school system and buildings are rotting and children are being failed in the process we must stop the hemorrhaging out of the school system so many things that could happen in the city what's right to bring your describing is...
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Dec 10, 2012
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do you need the economy to be in free fall to get these guys to take some action? unfortunately given the past record, that can't be ruled out. >> yeah. when it comes to cuts, especially on medicare, that whole conversation has to be had. here's what dick durbin said on "meet the press." >> i do believe there should be means testing. those of us with higher income and retirement should pay more. that could be part of the solution. but when you talk about raising the medicare eligibility age there's one key question. what happens to that early retiree. ? what about that gap in coverage between their workplace and medicare? >> jackie, are democrats getting away with giving way less on this deal? >> i don't think we know yet. i think there's going to be -- there's going to be a lot of arguments within the democratic party about some of the entitlement reforps. i don't think we've seen that yet because we've been so wrapped up in the tax cut part of it. yeah. we haven't gotten there yet. it's no doubt that's going to be a matter of contention in the democratic party as
do you need the economy to be in free fall to get these guys to take some action? unfortunately given the past record, that can't be ruled out. >> yeah. when it comes to cuts, especially on medicare, that whole conversation has to be had. here's what dick durbin said on "meet the press." >> i do believe there should be means testing. those of us with higher income and retirement should pay more. that could be part of the solution. but when you talk about raising the...
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Dec 2, 2012
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is it going to change the economy? no. are most people going to get hired? no. it is absolutely absurd for warren buffet to say something like that, and it kind of proves to me maybe we shouldn't listen to him if he can say stuff as dumb as that. joy don't they make a pilgrimage to omaha to listen to his annual shareholders conference or something like that? you are right, he did say raising taxes on the rich was, quote, to give the middle class a moral boost. >> a moral boost. a moral boost. a paycheck would be a moral boost. >> exactly. >> unemploy -- unemployment must numbers going down instead of up. this is absurd. >> doesn't he look like a grandpa? >> he looks like mr. mcgoo. >> don't go bowling with those guys. >> my morale -- >> it is a good t-shirt. >> my morale would be greatly boosted if we stopped giving taxpayer money to warren buffet to begin with. he is one of the biggest five or ten or the biggest crony capitalists in the country. he basically went on washington and said, yes, you really need to pass this bailout. afterwards the stimulus. i will
is it going to change the economy? no. are most people going to get hired? no. it is absolutely absurd for warren buffet to say something like that, and it kind of proves to me maybe we shouldn't listen to him if he can say stuff as dumb as that. joy don't they make a pilgrimage to omaha to listen to his annual shareholders conference or something like that? you are right, he did say raising taxes on the rich was, quote, to give the middle class a moral boost. >> a moral boost. a moral...
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Dec 4, 2012
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we're gonna grow, not slow the economy. we're gonna grow, not slow, the economy. we're gonna grow, not slow, the economy. >> but here is how the episode ended. there you see senator portman with four of the protesters after his speech. well, according to buzz feed, portman and those four protesters, all ohio residents, had an impromptu meeting after his speech ended. it lasted about 20 minutes and concluded with that group photo. i guess thas one way to be a politician and a protester. gets the guy's attention, he gets their attention, they meet, you have a meeting, something gets done. >>> also, why is sarah palin apologizing to fellow republicans? it turns out she's having second thoughts about warning them not to be with uses in debates on taxes and government spending. here is palin and her mea culpa, plus a nugget about socialism. >> well, i guess i shouldn't call politicians names -- >> i don't not? >> i apologize for calling the wobbly ones wusses. that distracts from the points that has to be made. i say go back to what the blanks in your platform represen
we're gonna grow, not slow the economy. we're gonna grow, not slow, the economy. we're gonna grow, not slow, the economy. >> but here is how the episode ended. there you see senator portman with four of the protesters after his speech. well, according to buzz feed, portman and those four protesters, all ohio residents, had an impromptu meeting after his speech ended. it lasted about 20 minutes and concluded with that group photo. i guess thas one way to be a politician and a protester....
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Dec 3, 2012
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you cut taxes, you grow the economy, you reduce the deficit. it almost seems like someone who would have tried to run for president maybe on a line like that. surely republicans could win on that platform unless it didn't win. >> exactly. they've all been quick to distance themselves from mitt romney, except they have presented his plan as their own. i guess maybe it was their plan to begin with in the form of paul ryan, and, you know, look, it's just not going to fly with the american people and the days go on. what i really think, if i were giving them political advice, i think tom cole, a representative among them who is probably one of the smarter political tacticians in their party gave them some advice. let's get this over with. let's not be the party that looks like we're only looking out for the top 2%. but that's really, martin, exactly what they look like. the differences here i think to most americans are fairly small. let's keep taxes low for 98% of americans and lets ask the wealthy to pay a little more but it looks like republican
you cut taxes, you grow the economy, you reduce the deficit. it almost seems like someone who would have tried to run for president maybe on a line like that. surely republicans could win on that platform unless it didn't win. >> exactly. they've all been quick to distance themselves from mitt romney, except they have presented his plan as their own. i guess maybe it was their plan to begin with in the form of paul ryan, and, you know, look, it's just not going to fly with the american...
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Dec 5, 2012
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economy and if the u.s. economy slows down, dramatically, that spreads like wildfire across the rest of the world. so it's not a couple hundred thousand jobs in the u.s. we're talking about tens of millions of jobs around the world and in an unstable world, i think we have to look beyond -- beyond ideology and get to a solution. >> i would take the clinton tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to me if they're not going to talk about spending. same tax rates. >> i agree with you, eric. i think you're right. i wrote about that, too. but i think the president now, he's sort of signaled that he may be looking for some wiggle room here. later this afternoon he said that he wanted the tax rate cut now and he would be happy to look at lowering them again in a bigger package, but i agree with you. i think we have to get serious about these spending cuts. i just applied for social security and i want mine. >> all right. rich
economy and if the u.s. economy slows down, dramatically, that spreads like wildfire across the rest of the world. so it's not a couple hundred thousand jobs in the u.s. we're talking about tens of millions of jobs around the world and in an unstable world, i think we have to look beyond -- beyond ideology and get to a solution. >> i would take the clinton tax rates in a heartbeat if i could get the clinton spending rates. but neither side wants to talk about spending. it's not a deal to...
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the same rate we had when bill clinton was president and our economy created nearly 23 million new jobs. >> that's from a new video by the obama administration designed to get the public on the president's side of this tax fight. the president took to twitter today to answer questions about the fiscal cliff. one person asked whether deductions for homeowners are at risk to which the president responded, breaks for middle class important for families and economy. if top rates don't go up, danger that middle class deductions get hit. signed "bo." yesterday house speaker john boehner said this on fox news. >> listen, nobody want to go over the cliff. that's why the day after the election i tried to speed this process up by making a concession to put revenues on the table. it's unfortunate that the white house has spent three weeks doing basically nothing. you know, the president's idea of a negotiation is, roll over and do what i ask. >> and on "meet the press" yesterday grover tried to change america's mind about who to blame if we do go off the cliff. >> tea party 2 is going to dwarf tea
the same rate we had when bill clinton was president and our economy created nearly 23 million new jobs. >> that's from a new video by the obama administration designed to get the public on the president's side of this tax fight. the president took to twitter today to answer questions about the fiscal cliff. one person asked whether deductions for homeowners are at risk to which the president responded, breaks for middle class important for families and economy. if top rates don't go up,...
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think of the economy as a car and the rich man is the driver. if you don't give the driver, he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. >>> never too early for pollsters to start head to 2016. guess who's looking very strong? hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her numbers is 68% approve of the job she's done as secretary of state for this country. >>> welcome back to "hardball." we know now that mitt romney blames his loss on obama's gifts. i should put the quote marks around that. the much maligned 47% came out in force. last night paul ryan distanced himself from his running mate's remarks. take a look. >> both parties tend to divide americans into our voters and their voters. let's be really clear. republicans must steer far clear of that trap. we must speak to aspirations and anxieties of every american. >> you know, it's hardly a month
think of the economy as a car and the rich man is the driver. if you don't give the driver, he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. >>> never too early for pollsters to start head to 2016. guess who's looking very strong? hillary clinton. a new abc news/washington post poll say they would back hillary clinton. it's helpful no one has run a campaign against clinton for the past four years and also helping her...
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think of the economy as a car and the rich man is the driver. if you don't give the driver, ç he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best values of the year. when you take a closer look... ...at the best schools in the world... ...you see they all have something very interesting in common. they have teachers... ...with a deeper knowledge of their subjects. as a result, their students achieve at a higher level. let's develop more stars in education. let's invest in our teachers... ...so they can inspire our students. let's solve this. >>> never too early for pollsters to start head to 2016. guess who's looking very strong? hillary clinton. a new abc news/washington post poll say they would back hillary clinto
think of the economy as a car and the rich man is the driver. if you don't give the driver, ç he'll drive you over a cliff. >> that's an aside show and this is "hardball," the place for politics. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. offering some of our best...
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what so first of all i actually personally don't think the economy is a zero sum game i think that it is possible and there have been times in economic history when you know the country has grown together an error that is often cited is that post-war era and i think part of the reason that in the sort of collective national memory that era of the fifty's the sixty's is bathed in such an awesome. it is if you look at the data it was a period when as one economist has put it america grew together so you can have a combination of you know you can have widely shared economic growth but i would agree with you tom that what we're seeing today the way we're seeing the economy work today is you know i see it as this corn with two very different sides the the same economic forces that are driving the rise of the plutocrats including in particular you know a hedge fund billionaire like we could permit are also hollowing out the middle class are driving down middle class wages and in answer to the second part of your question no i certainly don't think that most of the plutocrats are willing to
what so first of all i actually personally don't think the economy is a zero sum game i think that it is possible and there have been times in economic history when you know the country has grown together an error that is often cited is that post-war era and i think part of the reason that in the sort of collective national memory that era of the fifty's the sixty's is bathed in such an awesome. it is if you look at the data it was a period when as one economist has put it america grew together...
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our economy is a lot better. we can still go a long way. i just don't believe that there is the makeup of a great deal, because you can't trust anything any of these folks say. this is one of the reasons why i believe, tom, that the republicans haven't detailed out exactly what deductions are we talking about, what loopholes are they talking about. they won't come clean with the american people on this. it's all in these vague generalities. now, president obama is not interested in taking negotiations further until republicans put a rate increase on the table. and this is where boehner is running into trouble. do you think they'll eventually put a rate increase on the table? >> they're either going to do that or take us into a very dangerous fiscal situation over the cliff. this is a loosy in the football situation and the president says, i'm not going to kick again until you show me some serious commitment. and keep in mind, this is the republican leadership that supported the $718 billion of savings in medicare that was part of the health
our economy is a lot better. we can still go a long way. i just don't believe that there is the makeup of a great deal, because you can't trust anything any of these folks say. this is one of the reasons why i believe, tom, that the republicans haven't detailed out exactly what deductions are we talking about, what loopholes are they talking about. they won't come clean with the american people on this. it's all in these vague generalities. now, president obama is not interested in taking...
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i want to get to you on the economy. to the white house now, the november jobs report showed the fifth straight month of job gains, over 100,000. a jobless rate at the lowest level in four years. is it real or is it a mirage? joining me now allen krueger, chairman of the president's council of economic advisers. good morning to you. >> morning. >> obviously this was a jobs report that beat all expectations among economists that were looking and expecting a sandy impact. the labor department says no sandy impact. do you believe in the long 0 run we will look back at this report and not see a sandy impact? >> that's an interesting question, chuck. there was an impact in terms of over a million workers who normally work full time or part time in the reference week. so sandy did leave an impact in the data. but i think the report as a whole shows that the economy has been resilient, as i say every month when i'm on your show we're making progress. we're digging our way out of a deep hole. we're not satisfied yet. there's a l
i want to get to you on the economy. to the white house now, the november jobs report showed the fifth straight month of job gains, over 100,000. a jobless rate at the lowest level in four years. is it real or is it a mirage? joining me now allen krueger, chairman of the president's council of economic advisers. good morning to you. >> morning. >> obviously this was a jobs report that beat all expectations among economists that were looking and expecting a sandy impact. the labor...